Litigation: Federal Court Grants SEC Summary Judgment Over Claims That Municipal Advisor Breached Fiduciary Duties Owed to Its Clients
April 24, 2024
April 24, 2024
WASHINGTON, April 24 -- The Securities and Exchange Commission issued the following litigation release (No. 22-cv-6273; W.D.N.Y. filed June 14, 2022) involving Capital Markets Advisors LLC, City of Rochester, New York, Rosiland Brooks-Harris, Richard Ganci and Richard Tortora:
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On April 15, 2024, the U.S. District Court for the Western District of New York granted the Securities and Exchange Commission partial summary judgment against a New York-based municipal adv . . .
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On April 15, 2024, the U.S. District Court for the Western District of New York granted the Securities and Exchange Commission partial summary judgment against a New York-based municipal adv . . .